Articles from Matic

Columbus, Ohio, July 31, 2025 (GLOBE NEWSWIRE) -- Matic, a leading digital insurtech platform, today released its mid-year premium trends report, analyzing key developments in the home insurance landscape during the first half of 2025. Drawing from a dataset of Matic-quoted and insured properties, the report highlights the growing challenges faced by homeowners, mortgage entities, and the broader housing market as affordability concerns and coverage limitations persist.

Floify to offer embedded home insurance from Matic, enhancing the mortgage process and simplifying the path to closing

Columbus, Ohio, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Matic, a leading digital insurtech platform, today released its annual year-end trends and predictions report, analyzing key trends in the home insurance landscape and their implications for homeowners and the mortgage industry. Drawing on data from 36 million quote requests, 10 million properties, and external quoting engines, the report offers insights into 2024’s major developments, along with predictions for 2025.

Columbus, Ohio, July 23, 2024 (GLOBE NEWSWIRE) -- Matic, a leading digital insurtech platform, today released its mid-year premium trends report, which analyzes home insurance trends from the first half of 2024. Drawing from a dataset of 36 million quote requests, 10 million properties, and external quoting engines, the report highlights significant challenges faced by homeowners, mortgage entities, and the housing market as a whole due to record premium increases, continued new business restrictions, and carrier exits.

Insurtech leader to provide property & casualty insurance offerings for USA Mortgage customers

Homeowners with lower credit pay 42% more for insurance in states without credit restriction laws

Insurtech leader to provide home and auto insurance to GVC Mortgage lending customers

Insurtech leader to enhance property & casualty insurance offerings for PRMG customers

Columbus, Ohio, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Matic, a leading digital insurtech platform, today released its annual year-end trends and predictions report. The report analyzes major trends that impacted the home insurance landscape in 2023 and offers key predictions for the industry in 2024. The findings, which aggregate data from 30 million quote requests, 9 million properties, and external quoting engines, reveal record premium increases, a notable increase in All Other Perils (AOP) and wind/hail deductibles, and limited product availability as carriers exited high-risk regions, among other trends. Additionally, the report notes that mortgage lenders in particular have faced increased challenges within their loan processes due to the difficult insurance market, as home insurance is a requirement to secure a mortgage. 

Funding to fuel partnership momentum, expand carrier network, and enhance product portfolio for leading embedded insurtech

Insurtech leader to provide home and auto insurance to New American Funding mortgage lending and servicing businesses

Insurtech leader to provide home and auto insurance to Dart Bank community bank members

Columbus, Ohio, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Matic, a leading embedded insurtech, today released its mid-year home insurance premium trends report. The findings, which aggregates data from 30 million quote requests, 9 million properties, and external insurance quoting engines, reveals record declinations and product availability among carriers, specifically for new business requests. Additionally, the report notes a record year-over-year increase in annual home insurance premiums for both new policyholders and renewal business.